Posted:
9/5/2024, 6:53:39 AM
Location(s):
California, United States ⋅ Foster City, California, United States
Experience Level(s):
Internship
Field(s):
Finance & Banking
Please log onto your Internal Career Site to apply for this job.
At Gilead, we’re creating a healthier world for all people. For more than 35 years, we’ve tackled diseases such as HIV, viral hepatitis, COVID-19 and cancer – working relentlessly to develop therapies that help improve lives and to ensure access to these therapies across the globe. We continue to fight against the world’s biggest health challenges, and our mission requires collaboration, determination and a relentless drive to make a difference.
Every member of Gilead’s team plays a critical role in the discovery and development of life-changing scientific innovations. Our employees are our greatest asset as we work to achieve our bold ambitions, and we’re looking for the next wave of passionate and ambitious people ready to make a direct impact.
We believe every employee deserves a great leader. People Leaders are the cornerstone to the employee experience at Gilead and Kite. As a people leader now or in the future, you are the key driver in evolving our culture and creating an environment where every employee feels included, developed and empowered to fulfil their aspirations. Join Gilead and help create possible, together.
Job Description
As a Gilead intern you will contribute to high-impact meaningful projects that will not only further advance our company’s mission but will allow you to gain real world experience at one of the most innovative organizations in the world. You will also have opportunities to participate in special events including professional development and leadership presentations, social/network building activities and local community volunteer programs.
The Gilead Sciences CFO MBA Internship Program is for first year MBA candidates seeking entry into biotech by providing an opportunity within the CFO organization at Gilead Sciences. The CFO organization at Gilead is expansive and includes a variety of groups and departments: Financial Planning & Analysis (FP&A), IT, Tax, Treasury, Controllership, Operations, Internal Audit, Investor Relations, Corporate Development and Strategy. The CFO organization supports every area of the company by providing financial analytics, operational expertise (i.e. procurement, project management), fiscal planning, budget forecasting, strategy development and deal execution (i.e. joint venture, partnership, acquisition) as well as managing financial reporting and engagements with external audiences. Program participants will have the opportunity to gain valuable cross-functional experiences with exposure to senior leaders, challenging high impact initiatives, and diverse networking opportunities.
Upon hiring, participants will spend 10-12 weeks working with a single group within the CFO organization at Gilead. The assignment is designed to be an opportunity to learn more about a specific financial, operational, IT and/or strategic area of the company. After completion of the internship, program participants will be evaluated for a full-time offer in the CFO MBA Leadership Program.
Duties, roles and responsibilities will vary based on the interest and capability of the participant as well as business needs. The duties include but are not limited to:
Conducts advanced analyses for middle and upper management and makes recommendations such as reporting changes, corporate strategy, pricing strategy, and forecasts
Participates in the development and coordination of the annual planning calendar, budget and forecasts
Responsible for the delivery of accurate and timely monthly management reporting including monthly financials, revenue reporting, and functional expense reporting
Build strong relationships with Procurement organization and operational teams to manage overall execution of active sourcing and procurement programs and projects to ensure that they meet goals and deliver targeted results.
Liaise with Procurement category teams to identify, recommend, and implement improvements to process and technology (and monitor associated results).
Support creation of programs and tools to help organization adapt to change and foster a diverse and inclusive culture
Provide financial cost-benefit analysis for OPEX reduction initiatives.
Create a contingent worker spend dashboard and identify cost-reduction drivers.
Leverage six-sigma process improvement methodologies (process mapping, SIPOC, DMAIC).
Manage critical business focused projects including creating dashboards and reports that communication progress, risk and achievements.
Organize projects in terms of scopes of work, schedules, business plans and cost estimates.
Create and publish dashboards and reports that communicate project progress, risk and achievements.
Work on multi-disciplinary internal audit and special project teams under the direction of audit managers and senior associates to build your skills, relationships and experiences
Participate in audits; learn audit methodologies, concepts and assist with controls testing
Hands-on participation in any program aspect when required
Write and shape investor communications such as press releases and executive scripts
Manage earnings call process and coordinate deliverables with Finance, Legal, and Public Affairs
Work closely with the Treasury group to support capital initiatives including meetings with fixed income investors and ratings agencies
The Corporate Development team is responsible for spearheading Gilead’s acquisitions, partnerships, and investments in novel biotechnology companies and drug programs. The summer associate will gain significant exposure to the inner workings of a leading biopharma firm, access to senior leadership at Gilead, and an understanding of the industry overall by supporting the following activities:
Execution of investment, drug licensing, partnerships, and/or acquisition projects
Coordination of diligence efforts including scientific reviews and commercial assessments
Market forecasting, comp analysis, financial modeling, as needed
Creation of business case presentations for senior leadership
Structuring and negotiation of potential deal terms
Strategic projects to support corporate development initiatives
Showcase your work with a final poster board presentation near the conclusion of your internship
Develop understanding of the company's business and transaction flows, and how it impacts and interacts with the IP and commercialization structures
Work closely with cross-functional business partners, as well as external advisors, to develop and maintain an efficient and defensible tax structure that support Gilead's evolving business needs and initiatives, including supporting business development efforts
Participate in planning and implementation of initiatives in response to U.S. tax reforms and evolving international tax landscape
Balance sheet, cash flow and risk-based capital monitoring, forecasting and analysis for the consolidated entity and its subsidiaries
Provide assessment of issues, perspective on results, and recommendations (e.g., regarding trends that might impact target setting or how a proposed acquisition might impact regulatory capital)
Management reporting regarding balance sheet, cash flow and capital.
Conduct advanced analyses or benchmarking financial and reporting processes to support decision making
Prepare financial reports for internal and/or external reporting purposes
Understand how Gilead advances patient care through research and development
Learn how Gilead provides physicians with resources to better care for their patients
Gain exposure into how Gilead Commercial Operations reaches our patients
Gain an understanding of the Pharmaceutical/Biotech industry.
Work in a corporate finance, planning, and strategy environment.
Develop planning, organizational and time management skills.
Increase knowledge of computer skills and technology.
Practice team-based work competencies.
Develop effective communication skills with executives, business contacts, and external clients.
All interns will showcase their work with a final presentation (PPT) near the conclusion of their internship.
Must be at least 18 years old
Must have a minimum GPA of 2.8
Authorized to work in the United States without Sponsorship now or in the future or CPT/OPT through your University.
Must be a Graduate or Doctoral Student
Must be currently enrolled as a full-time student at an accredited U.S. based university or college and enrolled in the fall semester after the completion of the internship
Must be able to complete a 10-12 consecutive week internship between May and August
Must be able to relocate if necessary and work at the designated site for the duration of the internship
Preferred Degree qualification: MBA
≥4 years of prior consulting, finance and/or corporate experience in biotech/pharma
Excellent verbal, written, and interpersonal skills
Strong project management skills with attention to detail
Strong forecasting, financial modeling and negotiation experience/skills are a plus
Education and training in biological sciences is a plus
4 – 5 years of prior experience – finance, accounting, banking, operations, healthcare and strategy experience a plus
B.A or B.S degree in accounting, finance or a related filed (preferred – not required)
CPA, CFA, PMP or other relevant professional certification is a plus
Energetic, organized and detailed skilled with today’s technology systems, applications and platforms
Strong forecasting and financial modeling capability a plus
Ability to dedicate 40 hours per week to the program
Highly developed interpersonal skills and the ability to work thrive in a team-based environment
Strong project management skills with attention to detail
Independent worker and self-starter that enjoys problem solving
Excellent verbal and written communications skills (e.g. presenting, meeting or workshop facilitation)
Ability to manage various tasks, priorities and timelines and able to adapt quickly to changing circumstances
Demonstrated commitment to inclusion and diversity in the workplace
Efficient, organized, and able to handle short timelines in a fast-paced environment
An interest in working in a corporate environment
Demonstrated oral and written communication skills
Ability to learn and take advantage of new concepts, business models and technologies
Analytical skills and the ability to apply processes and methodologies
Strong problem solver who can derive root causes to problems/challenges presented
A guided self-starter who can work independently with support; passionate about learning new ideas and concepts
Proficiency with MS Office Suite
Ability to identify issues and seek solutions
Ability to work both independently and collaboratively
Demonstrated commitment to inclusion and diversity in the workplace
Efficient, organized, and able to handle short timelines in a fast-paced environment
Integrity (Doing What’s Right)
Inclusion (Encouraging Diversity)
Teamwork (Working Together)
Excellence (Being Your Best)
Accountability (Taking Personal Responsibility)
The expected hourly range for this position is $19.00 - $55.00.
Gilead considers a variety of factors when determining base compensation, including education level and geographic location. These considerations mean actual compensation will vary.
Benefits include paid company holidays, sick time, and housing stipends for eligible employees.
As an equal opportunity employer, Gilead Sciences Inc. is committed to a diverse workforce. Employment decisions regarding recruitment and selection will be made without discrimination based on race, color, religion, national origin, gender, age, sexual orientation, physical or mental disability, genetic information or characteristic, gender identity and expression, veteran status, or other non-job related characteristics or other prohibited grounds specified in applicable federal, state and local laws. In order to ensure reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Era Veterans' Readjustment Act of 1974, and Title I of the Americans with Disabilities Act of 1990, applicants who require accommodation in the job application process may contact [email protected] for assistance.
For more information about equal employment opportunity protections, please view the 'Know Your Rights' poster.
NOTICE: EMPLOYEE POLYGRAPH PROTECTION ACT
YOUR RIGHTS UNDER THE FAMILY AND MEDICAL LEAVE ACT
PAY TRANSPARENCY NONDISCRIMINATION PROVISION
Our environment respects individual differences and recognizes each employee as an integral member of our company. Our workforce reflects these values and celebrates the individuals who make up our growing team.
Gilead provides a work environment free of harassment and prohibited conduct. We promote and support individual differences and diversity of thoughts and opinion.
Please log onto your Internal Career Site to apply for this job.
Website: https://gilead.com/
Headquarter Location: Seoul, Seoul-t'ukpyolsi, South Korea
Employee Count: 51-100
Year Founded: 2011
IPO Status: Private
Industries: Health Care ⋅ Marketing ⋅ Medical ⋅ Pharmaceutical